782 Lark Dr · Micco, FL 32976

$162,900

2 bd · 2.0 ba · 1,056 sqft · Manufactured public records · 55 Days on market

Built 1981

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.4/30.0
• ARV discount +7.5/15.0
• DSCR +6.1/10.0
• 1% rule +5.5/10.0
• Schools +4.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming manufactured double-wide home on a corner lot is nestled in the center of the Barefoot Bay community. The home boasts a large front porch, 2 decent sized bedrooms and a large living and dinning area. The kitchen definitely needs some cabinet updating but overall, it is very functional and practical with a new floor installed in the last 18 months. The AC and roof have also been replaced over the last 18 mos. There is carpet throughout the home with areas of linoleum. The community has 3 pools in convenient areas around the community including shuffleboard courts and other activities. Shops and a restaurant are also within the community. Hwy US1 is nearby with all your main stream restaurants and shopping as well. This home is in a deed restricted community with no HOA

Key facts

• Metal roof
• Beach access
• Corner lot

Tags

• CORNER LOT
• METAL ROOF
• RESORT-STYLE COMMUNITY
• BEACH ACCESS

Property features AI

Finance

• Other: Pets allowed with number limit
• HOA & community: Member of Barefoot Bay Rec. association; Association covers common areas, recreation facilities, reserve fund and trash; Community amenities include clubhouse, playground, park, pickleball, shuffleboard and pool

Exterior

• Parking: Assigned parking; Carport (1 space); Driveway
• Security: Smoke detector(s)
• Utilities: Public water; County sewer
• Home design: Manufactured home; One story; Faces east; Has a view
• Construction: Metal roof; Manufactured construction
• Exterior features: Porch (enclosed); Shed(s); Beach access; Corner lot; Less than quarter acre; Free-form heated community pool with electric heat

Interior

• Kitchen: Kitchen (11x15); Range; Refrigerator; Dishwasher; Electric water heater
• Bedrooms: Two bedrooms (10x11 and 11x12)
• Flooring: Carpet; Vinyl
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating; Central air (one unit)
• Interior features: High ceilings with vaulted ceiling(s); Built-in features; Walk-in closet(s); Single-hung windows; Furnished
• Laundry & utility: Laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $163k.

Deal economics

• At list price, monthly cash flow is $181 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $163k).
• Recommended offer: $158k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#633 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, schools F, amenities F.
• Brevard (suburban): math 53% / reading 57% proficiency, ranked #19 of 73 in FL (top 26%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 185 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Brevard County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 10y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $110k; 48% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $158,013 (3.0% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.05% ✓
• Cap rate: 7.63%
• Cash-on-cash: 4.77%
• DSCR: 1.21
• GRM: 7.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -8.8%
• Equity multiple: 0.68×
• Total profit: $-14,788
• Equity at exit: $24,289

10-year hold

• IRR: 0.7%
• Equity multiple: 1.05×
• Total profit: $2,223
• Equity at exit: $14,085

Cash invested: $45,612 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32976

• Home prices YoY: -18.6%
• Active inventory: 185
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,715 high
• Mortgage (P&I): −$854
• Tax from tax record: −$251 /mo · $3,015/yr
• Insurance: −$68
• HOA: −$0
• Vacancy / Maint / Mgmt: −$360
• Net cashflow: $181

Break-even live

Break-even rent $1,485

Max offer price $162,900

Occupancy floor 84%

Sensitivity live

Price	-10% $274	-5% $228	+0% $181	+5% $135	+10% $89
Rent	-10% $46	-5% $114	+0% $181	+5% $249	+10% $317
Rate	-1.0pp $263	-0.5pp $223	base $181	+0.5pp $139	+1.0pp $96

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $40,725
• Closing costs: $4,887
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1207 Marigold Dr Sebastian, FL	2.0	2.0	1104	$1,500	$1.36	24d	1	0.19mi
914 Pecan Cir Sebastian, FL	2.0	1.0	1000	$1,600	$1.60	24d	1	0.27mi
904 Red Bud Rd Sebastian, FL	3.0	2.0	1278	$1,500	$1.17	24d	1	0.30mi
702 Lark Dr Sebastian, FL	3.0	2.0	1296	$1,775	$1.37	24d	1	0.41mi
621 Hyacinth Cir Sebastian, FL	2.0	2.0	1324	$1,850	$1.40	24d	1	0.48mi
909 Sequoia St Sebastian, FL	2.0	2.0	1156	$1,845	$1.60	24d	1	0.51mi
1112 Pocatella Dr Sebastian, FL	2.0	2.0	1370	$1,900	$1.39	24d	1	0.53mi
706 Hyacinth Cir Sebastian, FL	2.0	2.0	1062	$1,750	$1.65	24d	1	0.58mi
1315 Barefoot Cir Sebastian, FL	2.0	2.0	1167	$2,300	$1.97	24d	1	0.68mi
629 W Marlin Cir Unit NA Sebastian, FL	2.0	2.0	1104	$1,400	$1.27	15d	1	0.85mi
7629 Chasta Rd Sebastian, FL	2.0	2.0	958	$1,600	$1.67	24d	1	0.98mi
415 Plover Dr Sebastian, FL	3.0	2.0	1200	$2,400	$2.00	24d	1	0.99mi
7606 Cedar Bark Rd Sebastian, FL	2.0	2.0	1273	$1,800	$1.41	24d	1	1.00mi
7597 Cedar Bark Rd Sebastian, FL	2.0	2.0	902	$1,700	$1.88	24d	1	1.02mi
830 Lychee Dr Sebastian, FL	2.0	2.0	1269	$2,000	$1.58	24d	1	1.16mi

Listing history 33 events

1. 2026-06-18
   days on market $162,900 Active 55 DOM
2. 2026-06-17
   days on market $162,900 Active 54 DOM
3. 2026-06-16
   days on market $162,900 Active 53 DOM
4. 2026-06-15
   days on market $162,900 Active 52 DOM
5. 2026-06-14
   days on market $162,900 Active 50 DOM
6. 2026-06-10
   days on market $162,900 Active 47 DOM
7. 2026-06-08
   days on market $162,900 Active 45 DOM
8. 2026-06-07
   days on market $162,900 Active 44 DOM
9. 2026-06-05
   days on market $162,900 Active 41 DOM
10. 2026-06-03
    days on market $162,900 Active 40 DOM
11. 2026-06-02
    days on market $162,900 Active 39 DOM
12. 2026-06-01
    days on market $162,900 Active 38 DOM
13. 2026-05-31
    days on market $162,900 Active 37 DOM
14. 2026-05-31
    days on market $162,900 Active 36 DOM
15. 2026-04-25
    listed $162,900 Active
16. 2026-04-24
    listed $162,900 Active
17. 2020-11-04
    soldstatus $110,000
18. 2020-11-02
    soldstatus $110,000 Closed 792-char remark

    Show marketing remark (792 chars)

    This charming manufactured double-wide home on a corner lot is nestled in the center of the Barefoot Bay community. The home boasts a large front porch, 2 decent sized bedrooms and a large living and dinning area. The kitchen definitely needs some cabinet updating but overall, it is very functional and practical with a new floor installed in the last 18 months. The AC and roof have also been replaced over the last 18 mos. There is carpet throughout the home with areas of linoleum. The community has 3 pools in convenient areas around the community including shuffleboard courts and other activities. Shops and a restaurant are also within the community. Hwy US1 is nearby with all your main stream restaurants and shopping as well. This home is in a deed restricted community with no HOA

19. 2020-10-07
    status Pending 792-char remark

    Show marketing remark (792 chars)

    This charming manufactured double-wide home on a corner lot is nestled in the center of the Barefoot Bay community. The home boasts a large front porch, 2 decent sized bedrooms and a large living and dinning area. The kitchen definitely needs some cabinet updating but overall, it is very functional and practical with a new floor installed in the last 18 months. The AC and roof have also been replaced over the last 18 mos. There is carpet throughout the home with areas of linoleum. The community has 3 pools in convenient areas around the community including shuffleboard courts and other activities. Shops and a restaurant are also within the community. Hwy US1 is nearby with all your main stream restaurants and shopping as well. This home is in a deed restricted community with no HOA

20. 2020-08-20
    status Active 792-char remark

    Show marketing remark (792 chars)

    This charming manufactured double-wide home on a corner lot is nestled in the center of the Barefoot Bay community. The home boasts a large front porch, 2 decent sized bedrooms and a large living and dinning area. The kitchen definitely needs some cabinet updating but overall, it is very functional and practical with a new floor installed in the last 18 months. The AC and roof have also been replaced over the last 18 mos. There is carpet throughout the home with areas of linoleum. The community has 3 pools in convenient areas around the community including shuffleboard courts and other activities. Shops and a restaurant are also within the community. Hwy US1 is nearby with all your main stream restaurants and shopping as well. This home is in a deed restricted community with no HOA

21. 2020-08-13
    historical Contingent 792-char remark

    Show marketing remark (792 chars)

    This charming manufactured double-wide home on a corner lot is nestled in the center of the Barefoot Bay community. The home boasts a large front porch, 2 decent sized bedrooms and a large living and dinning area. The kitchen definitely needs some cabinet updating but overall, it is very functional and practical with a new floor installed in the last 18 months. The AC and roof have also been replaced over the last 18 mos. There is carpet throughout the home with areas of linoleum. The community has 3 pools in convenient areas around the community including shuffleboard courts and other activities. Shops and a restaurant are also within the community. Hwy US1 is nearby with all your main stream restaurants and shopping as well. This home is in a deed restricted community with no HOA

22. 2020-07-22
    price $114,900 792-char remark

    Show marketing remark (792 chars)

    This charming manufactured double-wide home on a corner lot is nestled in the center of the Barefoot Bay community. The home boasts a large front porch, 2 decent sized bedrooms and a large living and dinning area. The kitchen definitely needs some cabinet updating but overall, it is very functional and practical with a new floor installed in the last 18 months. The AC and roof have also been replaced over the last 18 mos. There is carpet throughout the home with areas of linoleum. The community has 3 pools in convenient areas around the community including shuffleboard courts and other activities. Shops and a restaurant are also within the community. Hwy US1 is nearby with all your main stream restaurants and shopping as well. This home is in a deed restricted community with no HOA

23. 2020-07-08
    listed $119,900 Active 792-char remark

    Show marketing remark (792 chars)

    This charming manufactured double-wide home on a corner lot is nestled in the center of the Barefoot Bay community. The home boasts a large front porch, 2 decent sized bedrooms and a large living and dinning area. The kitchen definitely needs some cabinet updating but overall, it is very functional and practical with a new floor installed in the last 18 months. The AC and roof have also been replaced over the last 18 mos. There is carpet throughout the home with areas of linoleum. The community has 3 pools in convenient areas around the community including shuffleboard courts and other activities. Shops and a restaurant are also within the community. Hwy US1 is nearby with all your main stream restaurants and shopping as well. This home is in a deed restricted community with no HOA

24. 2018-04-18
    soldstatus $95,000
25. 2018-04-13
    soldstatus $95,000
26. 2017-12-27
    listed $99,000
27. 2016-06-23
    soldstatus $82,000
28. 2016-06-15
    soldstatus $82,000
29. 2016-06-15
    soldstatus $82,000
30. 2016-05-13
    historical
31. 2016-05-12
    listed $84,000
32. 2016-05-12
    listed $84,000
33. 1982-02-01
    soldstatus $43,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $3,015 · $251/mo
• Projected year-2 tax: $3,015 · $251/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 23 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,579
• − Mortgage interest: −$9,125
• − Property taxes: −$3,015
• − Insurance: −$814
• − Repairs & maintenance: −$1,646
• − Management: −$1,646
• − Depreciation: −$4,739
• Taxable loss: −$407
• Est. tax savings @ 24.0%: +$98
• After-tax cash flow: $2,274/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Brevard
• NCES district ID: 1200150
• Math proficiency: 53% ▼ -9.00%
• Reading proficiency: 57% ▼ -4.00%
• Median HH income: $49,426
• Composite: 46.86/100
• National rank: #2370
• State rank: #19 of 73 in FL

Livability — Micco

• Score: 65/100
• State rank: #633
• US rank: #12408

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment D Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Micco, FL
• Population (ZIP): 9,237

Population outlook (Brevard County) Hauer SSP2

• Today (2025): 623,254 people
• By 2030: 648,420 · +4.0%
• By 2040: 690,009 · +10.7%
• By 2050: 715,669 · +14.8%
• By 2075: 775,744 · +24.5%
• By 2100: 776,687 · +24.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Hispanic / Latino 4% Two or more races 1% Asian 1%
• Common ancestry: Lithuanian 5% Romanian 4% Iranian 2%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · Brevard

• 2024 margin: Strong R (+20.8) · D 39.1% · R 59.9% · Other 1.0%
• 2008→2024 swing: -10.4pp toward R · 2008: -10.4pp · 2024: -20.8pp
• All cycles: 2024: R+20.8 2020: R+16.4 2016: R+19.8 2012: R+12.7 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -73.57%
• Current HPI: 321.5196
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+278.8% since first listed

19 events — show timeline

• 2026-04-25 Listed $162,900 SCMLS
• 2026-04-24 Listed $162,900 RAIRCMLS
• 2020-11-04 Sold (Public Records) $110,000 Public Records
• 2020-11-02 Sold (MLS) $110,000 SCMLS
• 2020-10-07 Pending — SCMLS
• 2020-08-20 Relisted — SCMLS
• 2020-08-13 Contingent — SCMLS
• 2020-07-22 Price Changed $114,900 SCMLS
• 2020-07-08 Listed $119,900 SCMLS
• 2018-04-18 Sold (Public Records) $95,000 Public Records
• 2018-04-13 Sold (MLS) $95,000 SCMLS
• 2017-12-27 Listed $99,000 SCMLS
• 2016-06-23 Sold (Public Records) $82,000 Public Records
• 2016-06-15 Sold (MLS) $82,000 RAIRCMLS
• 2016-06-15 Sold (MLS) $82,000 SCMLS
• 2016-05-13 Listing Removed — Beaches MLS
• 2016-05-12 Listed $84,000 Beaches MLS
• 2016-05-12 Listed $84,000 SCMLS
• 1982-02-01 Sold (Public Records) $43,000 Public Records

Property tax history

+13.3%/yr

Latest (2025): $3,015 · -0.5% YoY. Source: county tax records.